The Covid-19 pandemic has magnified South Africa’s social and economic crises, exacerbating poverty and further straining the public finances. The unemployment crisis has led to increased calls for the introduction of a universal basic income grant.
In the presentation of his maiden Budget on 11 November, Finance Minister Enoch Godongwana was unequivocal: South Africa cannot afford a universal basic income grant. This is despite the tax windfall brought by higher than expected commodity prices.
In the presentation of his maiden Budget on 11 November, Finance Minister Enoch Godongwana was unequivocal: South Africa cannot afford a universal basic income grant. This is […]
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